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Brain Computer Interface Market Size, Share & Trends Analysis Report By Application (Healthcare, Communication & Control), By Product (Invasive, Non-invasive), By End Use (Medical, Military), And Segment Forecasts, 2022 - 2030

April 2022 | 150 pages | ID: B3D0FBA2581BEN
Grand View Research, Inc.

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Brain Computer Interface Market Growth & Trends

The global brain computer interface market size is expected to reach USD 6.18 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 17.16% over the forecast years. Brain Computer Interface (BCI) is a revolutionary technology that facilitates direct contact between peripheral electronic devices calibrating the movement and a functional brain in physically challenged people. This system records the brain signal from the sensors that are placed over the scalp or devices implanted in the brain. Compumedics, in its annual report 2021, stated that it is demonstrating strong signs of growth in the future and is returning to its normal business after the COVID-19 pandemic.

It also stated that with the post-COVID-19 trends, such as high demand for eHealth and home-based healthcare services, the company is set to share many positive announcements in 2022. Hence, the market players are now moving toward positive growth post the pandemic. The market growth is anticipated to be driven by continuous developments in medical sensors and computational biology. In addition, increasing R&D pertinent to the development of treatment options for chronic conditions, such as cerebrovascular diseases, sleep disorders, brain disorders, and fatal injuries, is further contributing to the market growth.

Furthermore, growing R&D investments and the presence of government projects, such as DECODER (European project that used BCI to detect consciousness in non-responsive patients), coupled with the rising focus of major market players on emerging economies, such as Japan and China, are expected to propel market growth over the forecast period. The ongoing technological advancements in the field of virtual reality and increasing applications of BCI in the communication, gaming, and entertainment industry are some of the key contributors to the market growth. The technology encompasses a wide array of applications designed to revolutionize the communication, automation, security, and entertainment experience.

Brain Computer Interface Market Report Highlights
  • In terms of revenue, the non-invasive segment held the largest share in 2021. Technological advancement and increased usage in gaming and entertainment are acting as the key growth contributors for this segment
  • On basis of application, healthcare was the largest revenue-generating segment in 2021. Wide application of BCI technology in the treatment of sleeping disorders, Alzheimer’s, and Parkinson’s is a vital factor contributing to the segment growth
  • The military segment is expected to register the fastest CAGR over the forecast period owing to increased application of BCI in war zones
  • Asia Pacific is expected to exhibit the fastest CAGR over the forecast period. An increase in disposable income and low-cost manufacturing sites will fuel the regional market growth in the coming years
  • The BCI is an emerging technology that is currently at a nascent stage; however, the increasing interest among researchers in collaboration with the government is expected to fuel market growth
CHAPTER 1 RESEARCH METHODOLOGY & SCOPE

1.1 Market Segmentation & Scope
  1.1.1 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
  1.3.1 Purchased Database:
  1.3.2 Gvr’s Internal Database
  1.3.3 Secondary Sources
  1.3.4 Primary Research:
  1.3.5 Details Of Primary Research
    1.3.5.1 Data For Primary Interviews In North America
    1.3.5.2 Data For Primary Interviews In Europe
    1.3.5.3 Data For Primary Interviews In Asia Pacific
    1.3.5.4 Data For Primary Interviews In Middle East And Africa
1.4 Information Or Data Analysis
  1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
  1.6.1 Commodity Flow Analysis (Model 1)
    1.6.1.1 Approach 1: Commodity Flow Approach
1.7 List Of Secondary Sources
1.8 List Of Primary Sources
1.9 Report Objectives

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Market Outlook
  2.1.1 Brain Computer Interface Market Outlook, 2017 - 2030 (USD Million)
2.2 Brain Computer Interface Market Summary, 2021

CHAPTER 3 BRAIN COMPUTER INTERFACE MARKET VARIABLES, TRENDS & SCOPE

3.1 Penetration & Growth Prospect Mapping
3.2 User Perspective Analysis
  3.2.1 Market Influencer Analysis
3.2 Brain Computer Interface Market Dynamics
  3.2.1 Market Driver Analysis
    3.2.1.1 Increasing Prevalence Of Neurodegenerative Disorders
    3.2.1.2 Increasing Global Geriatric Population
    3.2.1.3 Increasing Demand For Virtual Gaming Experience And Home Control Systems
    3.2.1.4 Increasing R&D Spending Over Military And Medical Applications
  3.2.2 Market Restraint Analysis
    3.2.2.1 Adverse Usage Of Technology
    3.2.2.2 Rising Public Concern About Ethical Issues Associated With Brain Computer Interface
3.3 Brain Computer Interface Market Analysis Tools: Porters
  3.3.1 Supplier Power: High
  3.3.2 Buyer Power: Moderate
  3.3.3 Threat Of Substitutes: High
  3.3.4 Threat Of New Entrants
  3.3.5 Competitive Rivalary: Moderate
3.4 Pestel Analysis
  3.4.1 Political/Legal Landscape
  3.4.2 Economic Landscape
  3.4.3 Technology Landscape
3.6 Clinical Trials Analysis
3.7 Technology Trends Analysis
3.8 Estimated Incidence Rate - U.S. & Europe, 2021
  3.10.1 Stroke
  3.10.2 Spinal Cord Injury
  3.10.3 Amytrophic Lateral Sclerosis
  3.10.4 Locked-In Syndrome
  3.10.5 Paralysis

CHAPTER 4 BRAIN COMPUTER INTERFACE: COVID-19 IMPACT

4.1 Disease Prevalence Analysis
4.2 Current And Future Impact Analysis
4.3 Impact On Market Players

CHAPTER 5 BRAIN COMPUTER INTERFACE MARKET: COMPETITIVE ANALYSIS

5.1 Market Participation Categorization
5.2 Public Companies
  5.2.1 Company Market Position Analysis
  5.2.2 Competitive Dashboard Analysis
    5.2.2.1 Market Differentiators
  5.2.3 Company Market Share/Position Analysis
5.3 Detailed List Of Market Players

CHAPTER 6 BRAIN COMPUTER INTERFACE MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

6.1 Product Market Share Analysis, 2021 & 2030
6.2 Product Dashboard
  6.2.1 Invasive Brain-Computer Interface
    6.2.1.1 Invasive Brain-Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.2.2 Partially Invasive Brain-Computer Interface
    6.2.2.1 Partially Invasive Brain-Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.2.3 Non-Invasive Brain-Computer Interface
    6.2.3.1 Noninvasive Brain-Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)

CHAPTER 7 BRAIN COMPUTER INTERFACE MARKET: APPLICATION ESTIMATES & TREND ANALYSIS

7.1 Application Market Share Analysis, 2021 & 2030
7.2 Application Dashboard
7.3 Healthcare
  7.3.1 Healthcare Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  7.3.2 Disabilities Restoration Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  7.3.3 Brain Function Repair Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.4 Smart Home Control
  7.4.1 Smart Home Control Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.5 Communication And Control
  7.7.1 Communication And Control Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.6 Entertainment & Gaming
  7.6.1 Entertainment & Gaming Market Estimates And Forecasts, 2017 - 2030 (USD Million)

CHAPTER 8 BRAIN COMPUTER INTERFACE MARKET: END USE ESTIMATES & TREND ANALYSIS

8.1 End Use Market Share Analysis, 2021 & 2030
8.2 End Use Dashboard
8.3 Medical
  8.3.1 Medical Market Estimates And Forecasts, 2017 - 2030 (USD Million)
8.4 Military
  8.4.1 Military Market Estimates And Forecasts, 2017 - 2030 (USD Million)
8.5 Others
  8.5.1 Others Market Estimates And Forecasts, 2017 - 2030 (USD Million)

CHAPTER 9 BRAIN COMPUTER INTERFACE MARKET: REGIONAL ESTIMATES & TREND ANALYSIS, BY, PRODUCT, APPLICATION, AND END-USE

9.1 Regional Market Snapshot
9.2 North America
  9.2.1 North America Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.2.2 U.S.
    9.2.2.1 U.S. Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.2.3 Canada
    9.2.3.1 Canada Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
9.3 Europe
  9.3.1 Europe Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.3.2 U.K.
    9.3.2.1 Uk Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.3.3 Germany
    9.3.3.1 Germany Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.3.2 Spain
    9.3.2.1 Spain Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.3.3 France
    9.3.3.1 France Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.3.3 Italy
    9.3.3.1 Italy Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
9.4 Asia Pacific
  9.4.1 Asia Pacific Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.4.2 Japan
    9.4.2.1 Japan Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.4.3 China
    9.4.3.1 China Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.4.3 India
    9.4.3.1 India Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
9.5 Latin America
  9.5.1 Latin America Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.5.2 Mexico
    9.5.2.1 Mexico Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.5.3 Brazil
    9.5.3.1 Brazil Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
9.6 MEA
  9.6.1 MEA Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.6.2 South Africa
    9.6.2.1 South Africa Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  9.6.2 Saudi Arabia
    9.6.2.1 Saudi Arabia Brain Computer Interface Market Estimates And Forecasts, 2017 - 2030 (USD Million)

CHAPTER 10 COMPANY PROFILES

10.1 Natus Medical Incorporated
  10.1.1 Company Overview
  10.1.2 Financial Performance
  10.1.3 Product Benchmarking
  10.1.4 Strategic Initiatives
10.2 G.Tec Medical Engineering Gmbh
  10.2.1 Company Overview
  10.2.2 Financial Performance
  10.2.3 Product Benchmarking
10.3 Brain Products Gmbh
  10.3.1 Company Overview
  10.3.2 Financial Performance
  10.3.3 Product Benchmarking
  10.3.4 Strategic Initiatives
10.4 Medtronic
  10.4.1 Company Overview
  10.4.2 Financial Performance
  10.4.3 Product Benchmarking
  10.4.4 Strategic Initiatives
10.5 Compumedics Neuroscan
  10.5.1 Company Overview
  10.5.2 Financial Performanc
  10.5.3 Product Benchmarking
  10.5.4 Strategic Initiatives
10.6 Advanced Brain Monitoring, Inc.
  10.6.1 Company Overview
  10.6.2 Financial Performance
  10.6.3 Product Benchmarking
10.7 Integra Lifesciences Corporation
  10.7.1 Company Overview
  10.7.2 Financial Performance
  10.7.3 Product Benchmarking
  10.7.4 Strategic Initiatives
10.8 Emotiv
  10.10.1 Company Overview
  10.10.2 Financial Performance
  10.10.3 Product Benchmarking
  10.10.4 Strategic Initiatives
10.9 Interaxon, Inc.
  10.9.1 Company Overview
  10.9.2 Financial Performance
  10.9.3 Product Benchmarking
10.10 Neurosky
  10.10.1 Company Overview
  10.10.2 Financial Performance
  10.10.3 Product Benchmarking
  10.10.4 Strategic Initiatives
10.11 Ant Neuro
  10.11.1 Company Overview
  10.11.2 Financial Performance
  10.11.3 Product Benchmarking
  10.11.4 Strategic Initiatives
10.12 Neuroelectrics
  10.12.1 Company Overview
  10.12.2 Financial Performance
  10.12.3 Product Benchmarking
  10.12.4 Strategic Initiatives
10.13 Ripple Neuro
  10.13.1 Company Overview
  10.13.2 Financial Performance
  10.13.3 Product Benchmarking
  10.13.4 Strategic Initiatives
10.14 Nirx Medical Technologies, Llc
  10.14.1 Company Overview
  10.14.2 Financial Performance
  10.14.3 Product Benchmarking
  10.14.4 Strategic Initiatives
10.15 Open Bci
  10.15.1 Company Overview
  10.15.2 Financial Performance
  10.15.3 Product Benchmarking
  10.15.4 Strategic Initiatives
10.16 Cgx, A Cognionics Company
  10.16.1 Company Overview
  10.16.2 Financial Performance
  10.16.3 Product Benchmarking
  10.16.4 Strategic Initiatives

LIST OF TABLES

Table 1. List of secondary sources
Table 2. List of key emerging companies
Table 3. North America Brain Computer Interface Market, by Region, 2017 - 2030 (USD Million)
Table 4. North America Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 5. North America Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 6. North America Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 7. U.S. Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 8. U.S. Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 9. U.S. Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 10. Canada Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 11. Canada Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 12. Canada Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 13. Europe Brain Computer Interface Market, by Region, 2017 - 2030 (USD Million)
Table 14. Europe Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 15. Europe Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 16. Europe Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 17. U.K. Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 18. U.K. Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 19. U.K. Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 20. Germany Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 21. Germany Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 22. Germany Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 23. Italy Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 24. Italy Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 25. Italy Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 26. France Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 27. France Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 28. France Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 29. Spain Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 30. Spain Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 31. Spain Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 32. Asia Pacific Brain Computer Interface Market, by Region, 2017 - 2030 (USD Million)
Table 33. Asia Pacific Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 34. Asia Pacific Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 35. Asia Pacific Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 36. Japan Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 37. Japan Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 38. Japan Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 39. China Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 40. China Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 41. China Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 42. India Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 43. India Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 44. India Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 45. LATAM Brain Computer Interface Market, by Region, 2017 - 2030 (USD Million)
Table 46. LATAM Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 47. LATAM Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 48. LATAM Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 49. Brazil Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 50. Brazil Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 51. Brazil Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 52. Mexico Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 53. Mexico Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 54. Mexico Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 55. MEA Brain Computer Interface Market, by Region, 2017 - 2030 (USD Million)
Table 56. MEA Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 57. MEA Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 58. MEA Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 59. South Africa Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 60. South Africa Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 61. South Africa Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
Table 62. Saudi Arabia Brain Computer Interface Market, by Product, 2017 - 2030 (USD Million)
Table 63. Saudi Arabia Brain Computer Interface Market, by Application, 2017 - 2030 (USD Million)
Table 64. Saudi Arabia Brain Computer Interface Market, by End-Users, 2017 - 2030 (USD Million)
LIST OF FIGURES

Fig. 1 Market segmentation
Fig. 2 Market research process
Fig. 3 Data triangulation techniques
Fig. 4 Primary research pattern
Fig. 5 Primary interviews in North America
Fig. 6 Primary interviews in Europe
Fig. 7 Primary interviews in Asia Pacific
Fig. 8 Primary interviews in Middle East and Africa
Fig. 9 Market research approaches
Fig. 10 Value-chain-based sizing & forecasting
Fig. 11 QFD modeling for market share assessment
Fig. 12 Market formulation & validation
Fig. 13 Commodity flow analysis
Fig. 14 Brain computer interface market revenue, 2017 - 2030 (USD Million)
Fig. 15 Brain computer interface market snapshot
Fig. 16 Penetration & growth prospect mapping
Fig. 17 Brain computer interface market dynamics
Fig. 18 Brain computer interface market driver impact
Fig. 19 Brain computer interface market restraint impact
Fig. 20 Brain computer interface market: Product movement analysis
Fig. 21 Brain computer interface market product dashboard
Fig. 22 Global invasive brain-computer interface market, 2017 - 2030 (USD Million)
Fig. 23 Global partially invasive brain-computer interface market, 2017 - 2030 (USD Million)
Fig. 24 Global noninvasive brain-computer interface market, 2017 - 2030 (USD Million)
Fig. 25 Brain computer interface market: Application movement analysis
Fig. 26 Brain computer interface Application dashboard
Fig. 27 Global healthcare market, 2017 - 2030 (USD Million)
Fig. 28 Global disabilities restoration market, 2017 - 2030 (USD Million)
Fig. 29 Global brain function repair market, 2017 - 2030 (USD Million)
Fig. 30 Global smart home control market, 2017 - 2030 (USD Million)
Fig. 31 Global communication and control market, 2017 - 2030 (USD Million)
Fig. 32 Global entertainment & gaming market, 2017 - 2030 (USD Million)
Fig. 33 Brain computer interface market: End user movement analysis
Fig. 34 Brain computer interface end user dashboard
Fig. 35 Global medical market, 2017 - 2030 (USD Million)
Fig. 36 Global military market, 2017 - 2030 (USD Million)
Fig. 37 Global others market, 2017 - 2030 (USD Million)
Fig. 38 Regional market place: Key takeaways
Fig. 39 Regional outlook, 2021 & 2030
Fig. 40 North America brain computer interface market, 2017 - 2030 (USD Million)
Fig. 41 U.S. brain computer interface market, 2017 - 2030 (USD Million)
Fig. 42 Canada brain computer interface market, 2017 - 2030 (USD Million)
Fig. 43 Europe brain computer interface market, 2017 - 2030 (USD Million)
Fig. 44 U.K. brain computer interface market, 2017 - 2030 (USD Million)
Fig. 45 Germany brain computer interface market, 2017 - 2030 (USD Million)
Fig. 46 Spain brain computer interface market, 2017 - 2030 (USD Million)
Fig. 47 France brain computer interface market, 2017 - 2030 (USD Million)
Fig. 48 Italy brain computer interface market, 2017 - 2030 (USD Million)
Fig. 49 Asia Pacific brain computer interface market, 2017 - 2030 (USD Million)
Fig. 50 Japan Brain Computer Interface market, 2017 - 2030 (USD Million)
Fig. 51 China brain computer interface market, 2017 - 2030 (USD Million)
Fig. 52 India brain computer interface market, 2017 - 2030 (USD Million)
Fig. 53 Latin America brain computer interface market, 2017 - 2030 (USD Million)
Fig. 54 Mexico brain computer interface market, 2017 - 2030 (USD Million)
Fig. 55 Brazil brain computer interface market, 2017 - 2030 (USD Million)
Fig. 56 MEA brain computer interface market, 2017 - 2030 (USD Million)
Fig. 57 South Africa brain computer interface market, 2017 - 2030 (USD Million)
Fig. 58 Saudi Arabia brain computer interface market, 2017 - 2030 (USD Million)


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